Microsoft co-founder Bill Gates, speaks at the Bloomberg Mundial Business Forum ter Fresh York City, U.S., September 20, 2018. REUTERS/Brendan McDermid
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- Tyler Winklevoss, the founder of crypto exchange Gemini, is telling Bill Gates to waterput his money where his mouth is.
- Gates said he would brief bitcoin if he lightly could.
- Winklevoss says he can if he wants.
The cofounder of one of the largest cryptocurrency exchanges is calling out Bill Gates for his latest anti-bitcoin comments.
Gates, the cofounder of pc and software giant Microsoft, said Monday he would brief the digital currency if he could.
“I agree I would brief it if there wasgoed an effortless way to do it,” Gates said during an appearance on Squawk Opbergruimte.
Responding to the billionaire, Tyler Winklevoss, the founder of Gemini, the crypto exchange, challenged Gates’ remarks on Twitter.
“There is an effortless way to brief bitcoin,” Winklevoss said te a tweet.
“You can brief #XTB, the CBOE Bitcoin Futures contract, and waterput your money where your mouth is,” Winklevoss added.
Bitcoin futures, which launched te December 2018, permit investors to bet on the future price of bitcoin without actually touching the insanely volatile coin. The cryptocurrency soared towards its all-time high of $20,000 a coin, leading up to the launch of futures.
While the futures markets are not spil well-known spil equities, investors can lightly take a position (either long or brief) ter the market through a broker such spil TD Ameritrade or Interactive Brokers.
The markets for bitcoin futures have steadily picked up since their launch, with close to Ten,000 contracts for the vooraanzicht month trading on Cboe Integral Markets at last check, according to Cboe gegevens.
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They have permitted bears to express a negative view on the cryptocurrency, which has weighed on its price, fresh research from the San Francisco Federal Reserve shows.
“The launch of bitcoin futures permitted pessimists to inject the market, which contributed to the reversal of the bitcoin price dynamics,” researchers said.
At last check, bitcoin wasgoed trading at $9,393 a coin, according to Markets Insider gegevens.